Confirmation of Antimony Prospects near Hillgrove Antimony-Gold Mine

Critical Resources Limited (ASX:CRR) has confirmed strategic Antimony Prospects within its Halls Peak project area. The early results from a desktop study have unveiled four historic antimony prospects that have never been subjected to modern exploration. These prospects are located close to Larvotto Resources Ltd's Hillgrove Antimony-Gold Project, with the Mayview Homestead Stibnite prospect grading 1.55% Sb, situated approximately 2.7km east of the project. The company has initiated exploration planning to further assess the potential of these antimony targets at Halls Peak.

Executive Commentary on Antimony Prospects

We are thrilled to confirm antimony showings within the Halls Peak project area. Our recent desktop studies have unveiled significant opportunities close to the Hillgrove Antimony-Gold Mine, highlighting several historic prospects that have yet to be explored with modern techniques. The Mayview Homestead prospect, situated just 2.7 kilometres east of Larvotto Resources' Hillgrove deposit, stands out as particularly promising. Additionally, our desktop analysis has identified the Riverview and Kempsey Road prospects, documented by the Geological Survey of NSW in the early 1980s. Given the current global dynamics in the antimony market, notably the recent export controls imposed by China, which have spiked prices and intensified market volatility, our findings position Critical Resources favourably. Antimony's strategic importance in various high-tech and military applications further enhances the potential value of these prospects. Looking ahead, we are engaging leading geologists to refine our understanding of these prospects and plan comprehensive fieldwork, including mapping and sampling, to validate our initial findings. This strategic approach will ensure that we are well-positioned to capitalize on the growing demand for this critical mineral and advance our exploration efforts effectively.

Summary of Antimony Prospects and Market Dynamics

Critical Resources Limited has confirmed the presence of strategic antimony prospects within its Halls Peak project area, with early results from a desktop study unveiling four historic antimony prospects that have never been subjected to modern exploration. These prospects are located close to Larvotto Resources Ltd's Hillgrove Antimony-Gold Project, indicating significant opportunities for further exploration. The global antimony market is currently experiencing disruption and opportunity due to China's export controls, leading to increased market volatility and heightened prices. Antimony's versatile applications across various industries and its strategic importance in high-tech and military applications position it as a vital element in national security frameworks. Critical Resources' engagement of expert geologists and planned comprehensive fieldwork demonstrate the company's commitment to capitalizing on the growing demand for this critical mineral and advancing its exploration efforts effectively.